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‘VAT will drive prices of fuel, electricty up’

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By Rathindra Kuruwita

The petroleum sector unions warn that fuel prices will rise by around 11 percent from 01 January 2014 due to 18% VAT.

Dr. Ashoka Ranwala, President of the General Employees’ Union of Petroleum Corporation, said previously petrol, diesel and coal had been exempted from VAT.

The prices of petroleum products affected those of other products and services and therefore successive governments had exempted fuel from VAT.

“These products were subjected to the Ports and Airports Development Levy (PAL) of 7.5 percent before. Now, there will be an 18 percent VAT on these products. Soon, there will be an additional cost of about 10.5 percent when fuel is imported from next year. Then fuel prices will surely go up,” he said.

Meanwhile, former Minister and leader of the United Republican Front (URF) Patali Champika Ranawaka told The Island that Sri Lanka was dependent on thermal power generation and the cost of electricity would also increase due to VAT on fuel.

“The government claims that it has increased VAT because of the IMF. However, it is only interested in taxing professionals and increasing indirect taxes. Both will have negative overall impacts on the country,” Ranawaka said.



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INS Sahyadri sets sail from Colombo

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The Indian Naval Ship (INS) Sahyadri which arrived at the Port of Colombo on a formal visit on 04 Apr 25, departed the island today (07 Apr). The Sri Lanka Navy bade customary farewell to the departing ship at the Port of Colombo, following naval traditions.

During the ship’s stay in Colombo, crew members of INS Sahyadri took part in several programmes organized by the Sri Lanka Navy, aimed at enhancing mutual cooperation. In addition, they also explored some tourist attractions in the country. Further, personnel of Sri Lanka Navy had the opportunity to visit INS Sahyadri, gaining insights into her operational capabilities.

 

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Advisory for severe lightning issued for Sabaragamuwa, Central and Uva provinces and in Hambanthota district

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Color: -Red Warning (Take action) Color: -Amber Advisory (Be prepared) Color: -Green Threat is over

The Natural Hazards Early Warning Centre has issued an Advisory for Severe Lightning for the Sabaragamuwa, Central and Uva provinces and in Hambanthota district.

The advisory issued at 02.00 p.m. today [07 April 2025]  is valid for the period until 11.00 p.m. 07 April 2025

The public are warned that thundershowers accompanied by severe lightning are likely to occur at several places in for Sabaragamuwa, Central and Uva provinces and in Hambantota district. There may be temporary localized strong winds during thundershowers. General public is kindly requested to take adequate precautions to minimize damages caused by lightning activity.

ACTION REQUIRED:

The Department of Meteorology advises that people should:

Seek shelter, preferably indoors and never under trees.
• Avoid open areas such as paddy fields, tea plantations and open water bodies during thunderstorms.
• Avoid using wired telephones and connected electric appliances during thunderstorms.
• Avoid using open vehicles, such as bicycles, tractors and boats etc.
• Beware of fallen trees and power lines.
• For emergency assistance contact the local disaster management authorities.

 

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“Census of Population and Housing 2024” Report Presented to the President

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The report of the “Census of Population and Housing 2024,” conducted by the Department of Census and Statistics, was officially handed over to President Anura Kumara Disanayake this morning (07) at the Presidential Secretariat.

This preliminary report has been prepared based on island wide data collected between October and December 2024.

The report provides details on Sri Lanka’s population, its growth and the distribution of the population across districts.

The information gathered through the census is vital not only for the government but also for other institutions in formulating policies and development plans essential for the country’s progress. Significantly, for the first time in the history of census-collecting in Sri Lanka, data collection was carried out using tablet computers and user-friendly mobile devices.

The event was attended by Deputy Minister of Finance & Planning, Harshana Suriyapperuma, Secretary to the President Dr. Nandika Sanath Kumanayake, Secretary to the Ministry of Finance Mahinda Siriwardana, Director General of the Department of Census and Statistics D.D.G.A. Senevirathne and several other officials.

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